Daily trading volumes for Ethereum reached the high of $26 billion with three exchanges – BitMEX, Huobi & OKEx – alone reporting over $1 billion trade in ETH tokens. Ethereum price is moving up.While the market has been focusing on Bitcoin‘s move above $10,000, the world’s second-largest cryptocurrency Ethereum is leading the altcoin show. On Thursday, February 13, the ETH price jumped over 20% to hit $270. This was the biggest single-day gain for Ethereum, so far in 2020.With Thursday’s...
Read More »Bitcoin Cash Analysis: Can The Bulls Overcome $500?
Bitcoin cash price rallied above the $440 and $450 resistance levels against the US Dollar.The price traded as high as $487 and it is currently consolidating gains.There is a key rising channel forming with support near $460 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to rise above $485 and $490 in the coming sessions.Bitcoin cash price is trading in a strong uptrend above the $450 level against the US Dollar. BCH/USD must stay above $450 to...
Read More »Charlie Munger: I Hate Things Like Bitcoin
Why does everyone at Berkshire Hathaway have to hate cryptocurrency and bitcoin so much? It can’t just be reserved to figures like Warren Buffett; it also needs to include every executive like Charlie Munger.Munger Is No Stranger to Hating BTCMunger is the vice chairman of the hedge fund Berkshire Hathaway. Munger has bashed BTC before, and it looks like he’s back to his same old tricks. In a recent interview, he comments:I hate things like bitcoin. I hat things that are intrinsically...
Read More »Is Libra Responsible for Bitcoin’s Latest Price Boost?
As we’ve all seen over the past month or two, bitcoin has completely revamped itself and is now trading for well above the $10,000 range. Many people attribute this spike to many things, but one individual believes hype surrounding Libra has a lot to do with bitcoin’s recent good fortune.Libra Could Be Behind Bitcoin’s Sudden SurgeTo be completely fair, it’s not necessarily Libra itself, but rather words regarding Libra that have led to bitcoin’s growth. Vijay Ayyar – head of business...
Read More »Crypto Presidential Candidate Andrew Yang Exits the Fight for the White House
So much for having a crypto-loving president. Andrew Yang, who over the last year has garnered a reputation as being the “crypto presidential candidate,” has dropped out of the 2020 race.Andrew Yang Ends His Bid for PresidentAndrew Yang has long pushed himself as the man who would potentially revamp all crypto regulations when he got into the White House. One of his big claims to fame was that he was going to make all present laws and rules regarding cryptocurrency readable and...
Read More »Apple iPhone 12 with 5G A14 Сhips to Be Launched as Planned Despite Coronavirus Delays
Apple (AAPL) stock is 1% down even though the coronavirus production delays will not affect the iPhone 12 September launch, as the high demand for 5G A14 chips pushes the company to the limit.New Apple iPhone 12 will be launched as planned by September despite the delays caused by the coronavirus outbreak. Apple has registered a spike in demand in A14 chips iPhone that supports the 5G network as the competitor Samsung has recently unveiled its flagship Galaxy S20 devices with the latest...
Read More »Ethereum Price Is Renewing Peaks Getting Closer to $300
Ethereum price is beating its own records of stability and keeps growing steadily. On Thursday, February 13th, it is generally trading at $268.94.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.The capitalization of the crypto market has grown to $300 billion.The safety of cryptography generation is important for the future of cryptocurrencies – Buterin.Currently, on W1 there are no signs of a trend reversal. Both the MACD and Stochastic suggest a continuation of the trend. However, if we...
Read More »Ripple’s Partner MoneyGram Launches FastSend Service for Seamless Money Transfer
Ripple-backed MoneyGram launched a new service called FastSend to help customers to send money directly to the phone numbers of recipients. Meanwhile, Ripple has entered into a partnership with the National Bank of Egypt.In its bid to digitalize the entire financial ecosystem, leading P2P cross border Ripple-backed payment platform MoneyGram has announced today the launch of MoneyGram FastSend. It is a new service that is geared towards sending money to a recipient’s phone number through the...
Read More »Tesla Stock Slows Down but Elon Musk Could Get His First Paycheck Soon
Though Tesla (TSLA) stock has slowed down, if its price stays stable, the company could achieve the $100 billion average market cap for a six-month period as soon as in April or May. So, Elon Musk could get his first paycheck quite soon.Elon Musk‘s big payday may be closer than you think. Last month Tesla (TSLA) stock closed above a $100 billion market capitalization for the first time in its history. Moreover, it has even reached the $150 billion level. That started a clock on its CEO Elon...
Read More »Bitcoin Price Drops $300 after Raising to $10,444 Levels
The 4 hours indicators show that Bitcoin price has dropped over $300 off in one trading session, meaning that buyers are resting, while there are only around 88 days left before the halving. Maybe a huge sell session is coming?Asian trading hours showed a significant price pump on the whole market, but now Bitcoin price has dropped. It may even be facing the major rollback soon. Thanks to the bulls being lazy, the price didn’t reach $10,500, showing the fall to presumably $9,900. The second...
Read More »